Answer:
$459,000
Explanation:
The computation of the ending retained earning balance is shown below:
Ending retained earning balance is
= Opening retained earning balance + net income - dividend
where
Net income
= Service revenue - operating expenses
= $827,000 - $748,000
= $79,000
Now the ending retained earnings balance is
= $444,000 + $79,000 - $64,000
= $459,000
Answer:
245 free throws
Explanation:
x will be number of times Audreys makes a shot, and let y be total number of the shots.
x/y = .875
(x+13)/(y+20) = .860
Let solve for x in equation 1
x = .875y
We will plug the for x in the equation 2
(.875y+13)/(y+20)
= .860
.875y + 13
= .860y + 17.2
.015y = 4.2
y = 280
Audreys has taken 280 shots.
We will Plug that back into the equation 1 in order to find out how many Audreys made.
x/280 = .875
x = 245
Hence :
Audreys made 245 free throws
Answer:
rounding to two decimal places: 11.11%
Explanation:
we can se the approximate formula for YTM
C= 57.5 (1,000 x 11.5%/2)
Face value = 1000
P= 1050 (market value)
n= 24 (12 years x 2 payment per year)
semiannual YTM = 5.4065041%
This is a semiannual rate as we consider semiannula payment.
We need to convert into annual rate:
YTM 11.1053109921343000%
rounding to two decimal places: 11.11%
Answer:
$150
Explanation:
The formula to compute the GDP is as follows
GDP = Consumption + Investment + Government purchase + Net exports
where,
Consumption = Consumption of expenditure = $50
Investment = Business fixed investment + change in inventory + construction of new homes & apartments
= $30 + $10 + $30
= $70
The change in inventory is
= Ending inventory - beginning inventory
= $20 - $10
= $10
Government purchase = Government purchases of goods and services = $20
Net exports
= Exports - imports
= $50 - $40
= $10
So the value of GDP is
= $50 + $70 + $20 + $10
= $150
